Wealth Risk Oversight Manager

1 day ago


Green Bay, Wisconsin, United States Associated Banc-Corp Full time
Job Summary

Associated Banc-Corp is seeking a highly skilled Wealth Risk Oversight Manager to join our team. As a key member of our risk management team, you will be responsible for overseeing all aspects of the independent compliance and operational risk management program specific to the Bank's Wealth, Trust, and Investment business lines.

Key Responsibilities
  • Evaluate the soundness of risk methodology and stress testing assumptions, accuracy of risk measurement, and appropriateness of risk limits.
  • Assist in the design, implementation, and evaluation of an independent assessment of all aspects of trust and investment services risks.
  • Source internal data and conduct statistical analysis in support of monitoring activities, including risk limit levels.
  • Develop, execute, and maintain a risk-based compliance and operational risk oversight and monitoring program, used to measure performance against requirements for compliance with applicable corporate, regulatory, banking, and related financial services laws, regulations, guidance, and best practices, within areas of assigned responsibility.
  • Develop and maintain in-depth knowledge of business, industry, and related risk management requirements, best practices, trends, and legislative/regulatory directives and guidance.
  • Partner with Wealth, Trust, Associated Investment Services (AIS), Finance, Credit, and Enterprise Risk Management to promote an effective risk management framework and provide advice and guidance to assigned on implementation of the risk framework, including effective challenge.
  • Review risk metrics and processes to identify potential emerging risks or areas of the governance framework requiring enhancement, as well as opportunities for strengthening practices.
  • Identify where corrective actions are required and escalate per guidelines; ensure corrective action is taken as necessary.
  • Lead and integrate the monitoring, measurement, and reporting on the status of the market risk governance program to internal and external stakeholders.
  • Aid in the preparation of presentation materials for the Board and senior management risk committees.
  • Represent the risk program/governance structure during internal/external regulatory audits and/or examinations.
  • Consult with management in the development of corporate policies and procedures to ensure compliance with relevant laws and regulations.
Requirements
  • Bachelor's Degree or equivalent combination of education and experience in Risk Management, Business, or Finance or related field.
  • Master's Degree in Business or Finance.
  • 8+ years of experience in Wealth, Trust, Regulatory Operations, or Wealth Risk Management.
  • 12+ years of experience in Wealth, Trust, Regulatory Operations, or Wealth Risk Management.
  • Certification in Risk Management (CRMA).
  • CFIRS Certified Fiduciary & Investment Risk Specialist.
  • Certified Trust Operations Professional (CTOP).
  • Certified Trust and Financial Advisor (CTFA).
  • Wealth Management Certified Professional (WMCP).
Benefits

Associated Bank offers a comprehensive benefits package, including:

  • Retirement savings, including both 401(k) and Pension plans.
  • Paid time off to volunteer in your community.
  • Opportunities to connect with others through our diversity-focused Colleague Resource Groups.
  • Competitive salaries with professional development and advancement opportunities.
  • Bonus benefits, including well-being programs and incentives, parental leave, an employee stock purchase plan, military benefits, and much more.
  • Personal banking, loan, investment, and insurance benefits.


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